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in person to play the fiscal cliff version of let's make a deal. that is all ahead when kron 4 news continues. [ female announcer ] for those who love sweets, your season is here. let's just call it the baking time of year. you need special ingredients. you need the staples. that's a given. you need safeway sugar for just $1.97. and that magic thing that makes everyone want another -- only $2.99 for challenge butter. and when hands get messy, quite surely they'll say, "yum! wow! yay! what a sweeter holiday." safeway. ingredients for life. ♪ in a world where ♪ there is so much to see ♪ there's still no other place ♪ that i would rather, rather ♪ rather, rather be ♪ [ male announcer ] dip into sabra hummus and discover a little taste of the world. enjoy sabra dips. adventure awaits. >>> port of oakland employees voted to ratify a contract agreement reached last month. this is video from the strike. the agreement includes a cost of living raise over the next two years and a signing bonus. they have been bargaining since june of 2011. >>> gas prices continue to drop. the ave
to avoid the fiscal cliff. next flicks' has reached a multi-year agreement to show disney movies after they finish their run in theaters. net flics outbid hbo, showtime and current rights holder stars. the deal will allow net slicks' to stream in disney movies over the internet, seven months after they leave theaters. starting in 2016. the financial terms of the deal have not been released. the nation's largest port complex loss angeles and long beach is back in business today. striking clerical workers reached a tentative agreement. the eight day strike prevented shippers from delivering goods with slips stacked up off shore. it was estimated that the strike cost the local economy a billion dollars a day. >> as we take a break. when i take a picture of this check, it goes straight to the bank. oh. oh look the lion is out! no mommy no! don't worry honey, it only works on checks. deposit checks from your smartphone with chase quickdeposit. just snap a picture, hit send and done. take a step forward and chase what matters. your season is here. let's just call it the baking time of year.
of deal before the country hits the so-called fiscal cliff. president obama says, there isn't enough time to do a comprehensive deal including tax reform and fixing medicare. so he wants congress to do a down payment by raising tax rates for the wealthy "now"... and putting off the hard work until next year. but, as jessica yellin reports, he has to win over the republicans to make that happen. what does president obama think of speaker boehner's proposal to avert the fiscal cliff? >> "unfortunately, the speaker's proposal right now is still out of balance he talks, for example, about a 800 billion dollars billion worth of revenues, but he says he will do that by lowering rates. when you look at the math, it doesand he won't agree to eliminate a tax dedication >> "every hospital and university and not for profit agency across the themselves on the verge of realistic option." >> but the president didn't say all this to speaker boehner -- he said it in an interview on bloomberg tv. the last time the two men spoke was almost a week ago. president obama is focused on the stalema
been made in the case. >> three weeks until the fiscal cliff and president obama and house speaker john banner and at a private meeting at the white house yesterday to discuss the deal. the president and the speaker refuses think about the details of the meeting and some republicans are now putting increased pressure on party leaders to rethink opposition to tax hikes on the wealthy of taking get entitlements cuts in return. many house republicans refused report tax hikes under any circumstances. democrats of is rushing through entitlement reforms you for the end of the year. >> watching some stalls, several on the bay bridge we will have more on weather and traffic coming up. >> the opening bell on wall street is about 20 minutes away. looming fiscal crisis on the market today. we did better than we did expect it from mcdonald's this morning. rob black will be coming up at 645. the dow futures point to a lower opening this morning. >> men and women have equal footing in the nation's economic recovery according to the latest numbers from the labor department. the biggest numbers for men
help expected from the federal reserve. no deal appears to be in sight in washington on the fiscal cliff. what's and a logo? a new logo that is sparking outrage. we will be back with a bit more in just a couple of minutes. look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed options, reliability and ways to connect.
at the white house to discuss how to resolve the fiscal cliff. >> few details were released about the meeting yesterday. >> if lawmakers fail to strike a deal before the end of the year, tax increases and spending cuts will go into effect. some analysts say could push the economy back into recession. >> the latest count finds the number of homeless people stayed about the sanctions in january of 2011 and january 2012. the house and other rebel the provinces a sluggish economy as some what countered affect the house the homeless that numbered being around 633,000 people. the percentage of homeless vets as well as those homes for more than a year each dropped by 7 percent. the obama administration has set a goal of eliminating homeless veterans and chronic homeless as by the end of 2015. >> coastal communities destroyed by superstar on sandy are rushing to rebuild their boardwalk in time for next summer. they are in a race to finish by the end of may to retain tourist money they will need next year. seaside heights, new jersey gets about 75% of its budget for tourism. sounds like bellmawr, new
.s. will reach a deal to avoid a fiscal cliff. >> net flicks have reached a multi-year agreement to show disney movies after they finish their run in theaters. net flicks' outbid premium pay-tv services such as hbo, showtime and the current rights holders which is stars. the deal will allow net fixed stream disney movies over the internet, seven months after they leave theaters starting in 2016. the financial terms of the deal had not been released. >> the striking clerical workers reached a tentative agreement. the strike rig is shippers from delivering good spirit chips have been stacked up offshore. it was estimated the strike cost the local economy $8 billion a day. >> we will be right back as the kron 4 morning news continues. we are watching the storm moving to the bay area. and line of heavy rain leading san raphael. and southern marin county over the golden gate in san francisco look out. rain moving in your direction. welcome back to the kron 4 morning new as i have been watching the river and creek levels around the bay area. checking out the russian river which is close to flooding.
prospect of the nation going over the fiscal cliff, the november jobs report delivered better-than- expected news. the labor department said the nation's unemployment rate fell to 7- point-7 percent last month, the lowest in almost four years. >> it's a steady report that shows we continue to see jobs coming back but we still have a long way to go. >> businesses added 146,000 new jobs. retailers, boosted by holiday hiring, accounted for about one- third of them. economists expected about 77,000 new jobs, given the toll of superstorm sandy and concerns about the fiscal cliff. tax increases and spending cuts are set to trigger after january first unless the white house and congressional republicans strike a compromise. house speaker john boehner said friday the president's current approach could hamper future job growth. >> because the risk the president wants us to take, increasing tax rates, will hit many small businesses that produce 60 - 70 percent of the new jobs in our country >> democrats argue that without tax increases on the the revenue necessary to combine with the sa
around 930 our time. a caught us a summit is that anxiety about the fiscal cliff may be misplaced and that a brief fall probably wouldn't be too damaging. even if they years passes with no deal there be no need to panic as long as an agreement seemed likely soon. the tax increases and spending cuts could be retroactively repealed. a new report is encouraging small news for small business especially in light of super storm sandy. mastercard advisers and wells fargo reported spending by holiday shoppers trump sandy's impact on small businesses in november. the report says shoppers spent 5.2% more in small retailers in november than they did last year. the total u.s. retail sales increased 4 1/2% for the same period. >> apple has begun the early stages of a television set testing. that's the word from wall street journal this morning. kaukauna's collaborating with giant tax to test designs for a large screen high-resolution tv. apple has been testing television several times for a number of years. the testing comes after apple ceo them put hinted in an interview last month of the new
suspended. the search will resume when conditions improve. >> just three weeks until fiscal cliff, and president obama and house speaker john boehner had a private meeting at the white house yesterday to discuss the deal. the president and speaker refuse to speak about itself of the meeting. some republican about putting increased pressure on party leaders to rethink opposition to tax hikes on the wealthy and taken it entitled cuts in return. many house republicans refused to support tax hikes under any circumstances. the democrats have been skeptical about rushing through in time or four before the end of the year. >> same-sex couples can now officially tied the knot in washington state. >> yesterday mark the first day that those couples are able to legally marry. there are more than 140 people that registered to marry at seattle city hall. seattle mayor mike mcginn called in a great and joy is a day with a noose rights be recognized. >> we will be right back--a new civil rights being recognized you won't take my life. you won't take our future. aids affects us all. even babies.
that the wealthiest americans pay more in taxes. has the fiscal cliff is three weeks away. he made the case for his proposal at a detroit auto plant. republicans are standing by that does not include those increases. if no deal is reached? there could be a major increase with severe spending cuts. >> the dallas cowboys football family is dealing with a tragedy. one team member died in a horrific car crash. another team member is charged in dallas cowboys nose tackle josh brent was released from dollar bond. he was arrested after a fiery car crash his teammate jerry brown. who was a passenger in brent's car. >> it appears as if he was traveling at a high rate of speed, at which time his vehicle touched or impacted the outside curb of the surface road causing the vehicle to flip at least one >> >> time. irving, texas police say the car traveled about 900 feet after hitting the curb. they arrested the 24-year old brent on suspicion of intoxication manslaughter. >> of our officers on scene felt as if alcohol was a contributing factor in the accident. dallas cowboys head coach jason garrett says brown
. the investigation is still ongoing. >> an update on the fiscal cliff the federal reserve is expected and on buying plan that would soften the blow from tax increases and spending cuts that would go into effect in january if congress cannot reach a deal. the white house and republicans are not selling any outward signs of yielding. house speaker john bennett says he is waiting for the president to identify the spending cuts he is willing to make-that senator johntoday, authorities will. >> those with and it could rally in san francisco says no more tax cuts for the rich save medicare and medicaid and those benefits. the protesters say if congress does not reach a deal in the country goes over the cliff 98 percent of americans will pay $2,000 more in taxes. >> in terms of the tax increases on the wealthiest we obviously need more money revenues in the economy. they have had a wonderful break for the last 10 years in this time to share the sacrifice that the middle class and the working people have been doing for all this time. >> a controversy is unfolding at a north bay school district concerning t
until the fiscal cliff and the republicans and the white house seemed to of found some common ground. both sides agree that tax revenue and and reduction in entitlement spending in medicare are key elements in the deal. the republicans may be softening on raising taxes for the wealthiest americans. the white house may be bending on some greater spending cuts for medicare and raising the age from 65 to 67. they will be work meeting witlater on. >> if you can see the rain coming down, livermore is getting hammered. we will be right back. look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed options, reliability and
Search Results 0 to 12 of about 13